RIAA weighs in on DOJ approval of Sirius-XM
Thursday, March 27, 2008 at 3:47 PM
Tags: RIAA, Royalties, Satellite Radio, Terrestrial
Looks like everyone needs to weigh in on the Department of Justice approving the Sirius-XM merger. Next up to the plate: The RIAA.Mitch Bainwol, Chairman & CEO of the fan-favorite organization, decided to spin the situation to include the performance royalty argument with terrestrial radio...
"The merger's approval serves as a powerful validation that competitors should play by the same set of rules. On the heels of this decision, the logic for a performance right for terrestrial radio has never been clearer. Terrestrial radio - unlike satellite, Internet and cable radio - continues to reap special interest subsidies in the form of free government spectrum and an outdated exemption from compensating artists and record companies. It's time for that to change and for Congress to provide an economic marketplace where there is parity amongst all delivery platforms."And while I disagree my blogging colleague Mark Ramsey on the whole issue of performance royalties for all forms of radio, I do agree with his feelings that these two issues are completely unrelated.
Photo courtesy of icanhascheezburger.com
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Comments
Disagree Ryan ?
FM should pay like everybody else .
Posted by: Anonymous Coward | March 27, 2008 4:18 PM
FM should pay. WTF are they considered so special?
Posted by: BS | March 27, 2008 5:04 PM
RIAA = Mafia
Posted by: RonAndFezNoonTo2:40 | March 27, 2008 5:14 PM
I don't like the RIAA.
Original enough for you?
Posted by: Flap Jackson | March 27, 2008 5:24 PM
I'm for the opposite end of this argument. How about Satellite, Internet and cable radio outlets have been unfairly taxed for compensation royalties for artists. In light of the current situation that FM radio has, these mediums should have the same royalty base that FM has had throughout history.
Posted by: chris | March 27, 2008 7:49 PM
@Anon: Hmm, sorry, I should have clarified. I completely agree that terrestrial should pay just like everyone else. I meant to state that a bit clearer.
I think I'll update the post to express that better. (Mark disagrees with me, he feels that terrestrial provides enough promotional value to justify the lack of a performance royalty.)
Posted by: Ryan Saghir
|
March 27, 2008 10:56 PM
terrestrial radio is local radio there is no comparing terrestrial to satellite radio. Only desperate sat radio fanboys would call for FM to be charged the same.
Posted by: Anonymous Coward | March 28, 2008 12:14 AM
@Anon: Hmm, sorry, I should have clarified. I completely agree that terrestrial should pay just like everyone else. I meant to state that a bit clearer.
I think I'll update the post to express that better. (Mark disagrees with me, he feels that terrestrial provides enough promotional value to justify the lack of a performance royalty.)
Posted by: Ryan Saghir | March 27, 2008 10:56 PM
--------------------
But the core part of most FM stations is still music , just like satellite radio . FM should pay just like everybody else . Mark is wrong .
Posted by: Anonymous Coward | March 28, 2008 10:01 AM
As at sat rad 'fanboy', I can say that I have purchased many songs by bands that I would never have heard of on the old airwaves. In effect, that band was paid twice by me though my Sirius subscription and then again through my song purchase. Why sat rad pays and FM doesn't makes no sense to me.
Posted by: eat it | March 28, 2008 10:14 AM
I agree with 'eat it'. Not his typos but with his point. I buy all kinds of obscure crap thanks to sat rad- not FM.
Posted by: dogfarts | March 28, 2008 10:19 AM
The amount of money that goes back to the artist from the RIAA is very minimal, if anything at all. Most of the fees that Sat Radio and Internet Radio pay goes into the RIAA coffers. The RIAA is set up to profit from the fees that are paid to them, they are not set up to reward the artists. Just ask ANY artist how much the RIAA has sent them over the years. You will find the RIAA pays out very little to the artists they supposedly represent. Neither Sat Radio, Internet Radio nor Terrestrial Radio should be paying ANY fees to the RIAA. The RIAA also almost single handedly shut down Int Radio.
Posted by: cabradio | March 30, 2008 6:43 PM